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Home Deal Announcements

Gateway Trade Funding Provides PO Financing to Outdoor Clothing Company

byIan Koplin
July 21, 2021
in Deal Announcements

Gateway Trade Funding funded a purchase order financing facility for Trew Gear, an outdoor clothing company.

Trew Gear was growing its business and developing a deeper relationship with one of its main customers. To accept a large order, the company started working with a factoring company. As the orders grew, Trew Gear sought the addition of purchase order financing from Gateway Trade Funding to provide the funding for the finished goods from its supplier. The PO financing from Gateway provided Trew Gear the funds to grow its wholesale business without affecting its online efforts.

“There is a rarely found human connection to our relationship with Gateway, which is key to our success,” Chris Pew, CEO of Trew Gear, said. “Their deep knowledge and experience with the outdoor market make things easier and less stressful because I know that they understand our business, speak our language and will help find a way to solve any problem that arises.”

“It is gratifying to be able to help companies like Trew Gear get access to the funds they need with purchase order financing that allows them to grow their business,” Ned Post of Gateway Trade Funding, said.

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